MicroStrategy Brings Total Bitcoin Holdings To 130,000 With Latest Purchase
In a sign of the current state of the crypto markets as a whole, MicroStrategy Inc (NASDAQ: MSTR) this morning updated the markets with its most recent bitcoin purchases. The purchases amounted to one of its smallest buys yet. The company between August 2 and September 19 purchased a total of 301 bitcoins, for an […]
Eloro Resources Hits 209.30 g/t Silver Equivalent Over 102.3 Metres
Eloro Resources (TSXV: ELO) appears to have the big news of the day in terms of assay results. The company this morning issued results on a total of 21 drill results from the Iska Iska silver-tin project in southern Bolivia. Highlight results come from five surface drill holes as well as two underground holes, which […]
Soma Gold Sees Employees Go On Strike At Colombian Mining Complex
Soma Gold Corp (TSXV: SOMA) revealed this morning that work has been halted at its Colombia-based operations for a period of four days, following a union-backed strike that began on Friday. The strike is said to impact the firms Operadora Minera SAS subsidiary, which as per company filings holds the El Bagre Gold Mining Complex. […]
Credit Suisse Mulls Revival Of First Boston Brand
Credit Suisse Group AG (SWX: CSGN) is considering the idea of bringing back its United States investment banking brand First Boston, according to a Bloomberg report. The report, which cites information from people who asked not to be identified as the matter hasn’t been publicly announced, said that the Swiss lender could pursue renaming with […]
Video Platform Rumble Begins Trading After Closing SPAC Deal
Rumble, Inc. (NYSE: RUM), a video platform backed by billionaire Peter Thiel, has merged with CF Acquisition Corp. VI, a special purpose acquisition company backed by Wall Street firm Cantor Fitzgerald and has started trading as of Monday under the ticker symbol RUM. The platform, now valued at over $2 billion, has been around since […]
Is The New Tax Law About To Make US Lithium Companies Hot?
US-based electric vehicle makers are finding ways to accelerate the creation of a US battery supply chain to qualify for tax credits under the newly-signed Inflation Reduction Act (IRA). Analysts say that under the new law, EV makers could receive tax credits enough to offset more than a third of the cost of EV battery […]
Germany Gains Control of Russian-Owned Rosneft Refineries in Desperate Bid to Avert Complete Energy Crisis
It appears that Germany has moved onto plan B to avert a full-blown energy crisis, after realizing that plan A (ie., building new LNG terminals, increasing solar and wind infrastructure in response to Russia’s curtailment of gas shipments) cannot be feasibly achieved before winter comes in a few short months. So, instead, the German government […]
Boomer Town: Is The US Congress Too Old To Represent Its People?
The age gap between America’s leaders and its people is wider than ever. Congress has aged so dramatically in the past few decades that it has now come to a point where it is no longer representative of the country it was elected to represent. Data collected by Insider shows that during the 1960s, the […]
What’s Next for Gold? – With Simon Dyakowski
Joining SmallCapSteve today is Simon Dyakowski, President & CEO of Aztec Minerals Corp (TSXV: AZT). Simon returns to the show to discuss the impact of inflation on junior mining, his read on the current macroeconomic environment, his gold strategy, and other commodities he’s currently monitoring. Also discussed is the latest on Aztec’s drill program and […]
Netflix Reportedly Starts Ad Buyer Bidding At An Industry-Breaking “Soft US$65 CPM”
Netflix (Nasdaq: NFLX) seems to be determined to recoup its declining revenue and membership base real fast. The streaming platform is reportedly asking ad buyers to submit initial bids next week, with the cost per impression (CPM) pegged at a “soft US$65.” The company is working on launching its ad-based tier subscription model with Microsoft, […]